CommodityPoint And Seminel To Launch New Risk Management Study
March 15th, 2009 - Albuquerque, New Mexico - CommodityPoint (www.commodity-point.com), a division of UtiliPoint International, Inc., is partnering with Seminel, the Energy Trading & Risk Management specialist consultancy, to undertake a new study around risk management at energy and commodity trading firms.
“Risk management is now a key concern for commodity trading firms. Not just price risk but credit and counterparty risk, operatonal and regulatory risk,“ reports Dr. Vasey of UtiliPoint. “This new study will review risk management requirements in commodity trading firms.“
Seminel develops Energy Trading Performance Reporting System for E.ON Energy Trading
Seminel has developed an Energy Trading & Risk Management Performance
Reporting system for E.ON in Rotterdam, created using Seminel's own Component Framework, SCF.
This system uses trade and price information to measure the performance of
E.ON's trading business versus defined benchmarks.
Ruud Peek, E.ON's Project Manager is very satisfied with their new system:
'The system provides us with vital information to help us determine the
most profitable areas of our business and analyse the outcome of decisions
taken'
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